Minnova Corp. (CVE:MCI – Get Free Report) shares dropped 27.3% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.04. Approximately 1,187,356 shares changed hands during mid-day trading, an increase of 1,457% from the average daily volume of 76,251 shares. The stock had previously closed at C$0.06.
Minnova Stock Down 27.3 %
The business has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.05. The company has a debt-to-equity ratio of -3.33, a current ratio of 0.02 and a quick ratio of 0.12. The stock has a market capitalization of C$2.82 million, a price-to-earnings ratio of -3.05 and a beta of 1.11.
About Minnova
Minnova Corp. engages in the exploration and evaluation of mineral properties. The company operates in two segments, Mineral Exploration and Renewable Energy. It primarily explores for gold. The company holds 100% interests in the PL Gold mine and the Nokomis property located in Manitoba. It also engages in the research and development of biomass gasification technology to produce renewable energy.
Read More
- Five stocks we like better than Minnova
- Which Wall Street Analysts are the Most Accurate?
- Ramaco Resources Pins Hopes on Coal’s Untapped Potential
- The Significance of Brokerage Rankings in Stock Selection
- NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy
- What is a Death Cross in Stocks?
- Why Energy Transfer Belongs on Your Watchlist
Receive News & Ratings for Minnova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Minnova and related companies with MarketBeat.com's FREE daily email newsletter.
